Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for Continue Reading
Gazprom’s MoU with the Iranian NIOC marks the next major step in oil and gas cooperation between the two countries. Gazprom has pledged its full assistance to the NIOC in Continue Reading
Russia tightened its gas squeeze on Europe on Monday as Gazprom (GAZP.MM) said supplies through the Nord Stream 1 pipeline to Germany would drop to just 20% of capacity. Gazprom Continue Reading
Russia’s cut in supplies through its main gas pipeline to Germany will leave countries unable to meet goals to refill storage and Europe’s biggest economy faced with rationing industry to Continue Reading
Highlights State subsidies, renewed export flows boost processing economics Legislation changes, sanctions could pose new challenges Russian refineries are reaping the benefits of state subsidies for domestic production coupled with Continue Reading
European Union countries agreed on Tuesday to an emergency regulation to curb their gas use this winter, as Europe prepares for a winter of uncertain supplies from Russia. “This was Continue Reading
Russian energy giant Rosneft (ROSN.MM) said on Tuesday it has started construction of an Arctic oil terminal at the Bukhta Sever port, part of its huge Vostok Oil project, aimed Continue Reading
European gas prices hit a five-month high after Russia deepened supply cuts to the continent in Moscow’s latest attempt to weaponize energy supplies. Futures contracts for delivery next month tied Continue Reading
Siemens Energy (ENR1n.DE) handed over Canadian documentation to Russian gas giant Gazprom (GAZP.MM) on Sunday which would allow the transport of turbines for the Nord Stream 1 gas pipeline, Russia’s Continue Reading
Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a Continue Reading
